BITFINEX:SNTUSD It looks like the correction is done for now, we'h got a falling wedge or huge flag pattern formation or whatever you want to call it with huge potential for upside. The RSI, MACD and DMI support long trade on 4h chart. Buy: around 0.45 Targets are: 0.90, 1.05, 1.25 Stop: 0.33
Trade closed: stop reached
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Closing the trade, we reached the stop loss. Will wait until BTC decides where is going.
Trade active
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Tarde active
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We broke the resistance, is just a matter of time by now for going up. Be aware BTC can plunge us back down, same targets and stop still valid.
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Finally we see some movement.
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Falling wedge patterned about to be broken. Bullish continuation.
I was waithing for some signal to buy SNT, thanks :D
stanpantel
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@noesanx, I think the opportunity is not on the spot yet but .35 is quite a good call I believe. Still, I'd advice you to take your time and follow the trend some more hours. It may go again below 0.30. Good luck!